Analyst Ratings for MetLife Inc. (MET)Updated: 2017-07-28
Analysts covering MetLife Inc. (NYSE:MET) have given it a consensus rating of Overweight. About 30 days ago, MET was issued an average rating of Overweight.
11 analysts declared MET a buy, 0 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for MET. The highest price target was 67, implying a possible profit of 21.73 percent. The lowest price target was 51, implying potential capital losses of -7.34 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -0.77 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.28 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.47 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 4 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
MET has traded between a high of 58.09 and a low of 38.87 over the past year. Today's price is 41.6 percent above the 52-week low, and 5.25 percent lower than its 52-week high. MET has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The MET value stock report compares MET to some of its peers using value stock charts. The stock has a market capitalization of $59.22 billion. MET is estimated to release their earnings results for the quarter on 0000-00-00, days from today.